This paper is concerned with the convergence analysis of power penalty method to pricing American options on discount bond, where the single factor Cox–Ingrosll–Ross model is adopted for the short interest rate. The valuation of American bond option is usually formulated as a partial...

This paper is devoted to develop a robust numerical method to solve a system of complementarity problems arising from pricing American options under regime switching. Based on a penalty method, the system of complementarity problems are approximated by a set of coupled nonlinear partial...

Based on the daily precipitation data provided by the National Meteorological Information Center recorded at 89 representative stations in South China, as well as the reanalyzed monthly average 850-hPa wind field and sea surface temperature (SST) data from the National Centers for Environmental...

Changes in magnetic and structural properties of 60–82 nm iron films induced by heavy-ion implantation were studied using the magneto-optical Kerr effect, Mössbauer spectroscopy, Rutherford backscattering spectroscopy, X-ray diffraction, and X-ray absorption fine structure. The influence of...

Gold nanoparticles were synthesized with seed mediated wet growth method. A coexistent system with gold nanorods and nanospheres was prepared. In-situ real-time small angle X-ray scattering (SAXS) and ultraviolet-visible (UV-vis) absorption were used to monitor the growth process of Au...

Thin polycrystalline Ni films of typically 75 nm thickness evaporated on Si or SiO<Subscript>2</Subscript> substrates were irradiated with 30-900 keV Xe-ions to fluences of 2.5 x 10<Superscript>13</Superscript> - 4 x 10<Superscript>14</Superscript>/cm<Superscript>2</Superscript>. The magnetization of the Ni films was measured using the longitudinal Magneto-Optical Kerr Effect and Vibrating Sample...</superscript></superscript></superscript></subscript>

This work evaluates whether or not the interest rate rules under different exchange rate regimes lead to a REE that is both locally determinate and stable under adaptive learning by private agents. I find that monetary interdependence among countries is crucial for the determinacy and learning...

Several different species of ions, Au, Fe, Ag, Ti and Si, were implanted into austenite stainless steel sheets at an energy of 3 MeV respectively. The martensite transformation induced with the ion implantation was investigated with transmission electron microscopy equipped with an energy...